Release of 16.04.2024

Results for Q1 2024

This press release has: 1 Document
Highlights Q1 2024

  • Q1 2024:
  • Total revenues rose by 0.7%, driven by service revenue growth (+3.1% yoy) in local currency in all markets except Slovenia, offsetting strong decline in equipment revenues (-9.8% yoy)

  • Service revenue growth supported by solutions & connectivity and mobile business but impacted by negative currency effect, declining interconnection and fixed voice business

  • EBITDA up 4.2% in comparison to Q1 2023, despite higher core OPEX driven mainly by higher workforce and product related costs

  • Excluding negative FX effects, total revenues and EBITDA excl. restructuring rose by 2.2% and 5.7% respectively

  • Spectrum acquisition in Austria: A1 acquired in March 2024 frequencies in the 26 GHz spectrum as well as additional regional frequencies in the 3.5 GHz spectrum

  • Outlook confirmed for FY 2024: 3-4% revenue growth, CAPEX (excl. spectrum) of ~EUR 800 mn

  • Ambitions 2024-2026 unchanged:
  • Revenue growth of 3-4% per year

  • EBITDA growth of 4-5% per year

  • CAPEX of EUR 2.8 bn plus frequencies

Video clip: The Management Board of A1 Group presents the results of Q1 2024.

Various materials on Q1 2024 are available at: